The chainlink (link) has quietly built momentum over the past few weeks. After spending most of 2025 on a downtrend, the price is finally starting to show the signs of life. And now, it's just sitting below a basic level of resistance that can change everything.
At the time of writing, the link trades around $ 14.75. Recently climbed from a mid-April low near $ 12 and trending upward ever since. The chainlink price is now walking right below the $ 15.50- $ 15.60 zone, which has been a strong barrier for months.
That level has rejected the link several times in the past. But at this time, things feel different. Setup suggests that if the Bulls manages to push it, we will see a big move outside down.
This review was shared by Michaël Van de Poppe through his X account, in which he pointed out that a breakout above $ 15.59 would confirm a major return of trend. The chart he posted shows the link trying to break a month downtrend. He also noted that it could mark the beginning of a multi-month uptrend if the breakout was holding.
A tweet with the chart became simple:
“The link is about to break down the downward and get into a multi-moon upward trend. It needs to break the resistance to $ 15 and then it's good to go.”
And that really summarizes where things stand. The technical ones also support this idea. The link generates higher lows, which is one of the first signs that emotions are moving. There has also been a slow but steady increase in volume since bounce from $ 12. Meanwhile, the RSI has cooled after a recent spike, leaving the room for another push higher.
If the link price can close tightly above $ 15.60, the next targets will probably be in the range of $ 18 to $ 20. These levels will act as the main zones earlier this year, and they can easily return to play if the momentum enters.
Of course, there is always a risk that the price will be rejected again. A dip back below $ 14 will signal that consumers are not ready. And if the link drops below $ 13 or $ 12, it may be suggested that the trend is still in territory.
But now, the link chart gives a shot of bulls. All eyes are in $ 15 breakout. If this happens, it can flip the whole narrative for the link – and a running towards $ 20 can be just the beginning.
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